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Melkonian Capital Management and RAL Companies break ground on Mandarin Oriental, Grand Cayman
March 11, 2025
Grand Cayman, Melkonian Capital Management and RAL Companies, both based in New York, broke ground and launched public sales of Mandarin Oriental Residences, Grand Cayman which is destined to be one of the island’s most exclusive enclaves featuring the new Mandarin Oriental, Grand Cayman Hotel. Scheduled for completion in Q1 2028, the development
Keyah Real Estate unveils plan for 262-key hotel
March 11, 2025
Miami, FL Keyah Real Estate Group, a hospitality developer based in Miami and New York, has unveiled plans for a 262-key multi-structure boutique hotel, that is set to become the city’s next hotel, wellness, and F&B destination. The project has just secured unanimous approvals from both the city of Miami Beach planning board and the Historic Preservation board.
Why 2025 could be a pivotal year for commercial real estate - Robert Withers
March 11, 2025
The commercial real estate market appears poised for a resurgence as financing activity gains momentum ahead of 2025, signaling what some experts believe could be the most attractive investment environment in nearly two decades. strong>Financing Makes a Comeback Following a pandemic-driven slowdown, the $22.5 trillion commercial real estate sector experienced a notable recovery in 2024
Nickerson named PRNEWS’ 2025 Agency Elite Top 120
March 11, 2025
Boston, MA Nickerson, a global full-service branding, marketing, PR and communications agency, has been named to the 2025 Agency Elite Top 120 by PRNEWS. PRNEWS Top 120 Agencies recognizes the most respected public relations agencies across the country each year, reflecting Nickerson’s commitment to delivering outstanding outcomes for its diverse group of client-partners.
The Domain Companies begins move-ins at 420 Carroll residence
March 11, 2025
Brooklyn, NY The Domain Companies have begun residential move-ins at 420 Carroll, the first mixed-income building developed through the 2021 Gowanus Neighborhood Rezoning. The two-building development in the heart of the Gowanus neighborhood comprises 360 homes, including 90 apartments reserved for families earning between 40 and 100% of the area median income.
Executive of the Month: Spartan Demolition Co. founder and CEO Alleyne partners with renovation and ...
March 11, 2025
In 2012, Marc Alleyne founded Spartan Demolition LLC, a New York City-based company, specializing in top-tier demolition and related services across New York City and the tri-state area. They have completed hundreds of jobs, from multi million-dollar full-building knock-down to interior removal of old townhouses, and everything in between (office-building-conversions, renovations at hospitals, airports, dorms and bunkers, to name a few.)
Alloy Development commences second phase of Alloy Block at One Third Ave.
March 11, 2025
Brooklyn, NY Alloy Development (Alloy) commenced the second phase of the Alloy Block downtown and the tallest Passive House building in the world, One Third Ave. Rising to 725 ft., the 63-story mixed-use tower will be situated on the westernmost portion of the Alloy Block and will include market-rate and affordable housing, retail and commercial office space. One Third Ave.
Global Holdings and Williams Equities partner with Cannon Hill Capital Partners at 888 Broadway
March 11, 2025
Manhattan, NY Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, in partnership with Williams Equities, have joined the partnership of Cannon Hill Capital Partners that owns the two-building office complex comprised of 888 Bdwy. and its annex, 38 East 19th St.
Silverstein Properties unveils sculpture installation at 3 World Trade Center
March 11, 2025
Manhattan, NY Silverstein Properties unveiled a specially commissioned new sculpture by acclaimed architect and artist Frank Gehry in the lobby of 3 World Trade Center (WTC). Adding to the city’s public art scene, the recently crafted work – titled ‘Untitled’ ‘Fish on Fire, Greenwich St. 2024’ – marks a historic moment as the largest suspended fish sculpture ever created by Frank Gehry
BXP inks 60,000 s/f long-term lease with GoldenTree at the GM Building
March 11, 2025
Manhattan, NY BXP, the largest publicly traded developer, owner, and manager of premier workplaces in the United States, has arranged a 15-year, 60,000 s/f lease with GoldenTree Asset Management at the GM Building in New York City. The lease, which spans the 43rd and 44th floors, is an expansion of GoldenTree’s New York City operations.
The need for AI-driven fraud detection in property management - by Max Glassburg
March 11, 2025
Undoubtedly, artificial intelligence is the defining technology of our time. Now, it’s made its way into the realm of document authentication and fraud detection in property management. To bolster our screening solutions, Yardi partnered with Snappt to introduce our new ScreeningWorks Pro Document Authentication solution for Yardi Breeze and Yardi Breeze Premier clients.
Longview development underway by
Quinlan Development and GTIS Partners
March 11, 2025
Brooklyn, NY Quinlan Development Group, a privately held full-service real estate investment and development firm, and GTIS Partners, a global real estate investment firm, revealed new project renderings for Longview, a 17-story, 197-unit mixed-income residential offering located at 380 4th Ave.
Freestone Property Group promotes Wei and Wu to senior managers
March 11, 2025
Manhattan, NY Freestone Property Group, a full-service property management company headquartered in New York City, made two appointments to key firmwide roles and the creation of two new functions to enhance business operations and financial reporting.
Outsource Special Inspections elevates to class 1 agency
March 11, 2025
Manhattan, NY Outsource Special Inspections (OSI) is transitioning from a class 2 to class 1 agency. This upgrade, which expands the amount of inspections offered by OSI, marks a major milestone for the company. With a class 1 certification, OSI will be able to address any type of inspection
Halstead Management appoints Cafiero president
March 11, 2025
Manhattan, NY Halstead Management Company, LLC has named Melissa Cafiero president. In this role, Cafiero will oversee the Halstead Management Company, LLC as well as an extensive portfolio of cooperatives and condominiums across New York City.
Marx Realty and Baccarat unveil
co-branded offices at 545 Madison
March 11, 2025
Manhattan, NY Marx Realty, a New York-based owner, developer and manager of office, retail, and multifamily properties across the United States, and French Maison Baccarat unveiled their collaboration at 545 Madison. The building, known as the Baccarat Building, is located on Madison Ave. between 54th and 55th St.
Slate Property Group and Avenue Realty Capital
launch leasing at 162-unit residence; The Welz
March 11, 2025
Brooklyn, NY Slate Property Group, in partnership with Avenue Realty Capital, launched leasing and marketing for The Welz, a new 19-story, 162-unit apartment building in Williamsburg. Slate has selected MNS, an innovative real estate firm, to lead the exclusive leasing and marketing.
JT Magen delivers 178,000 s/f global headquarters for Lord, Abbett & Co.
February 25, 2025
Jersey City, NJ JT Magen, a national construction firm specializing in preconstruction, construction management, design-build, and general contracting across a variety of industries, has completed a new global headquarters
McHugh Furnishings acquires Professional Furnishings & Equipment
February 25, 2025
Uniondale, NY McHugh Furnishings, a provider of specialty furnishings for education, healthcare, entertainment, and multifamily housing, has acquired Professional Furnishings & Equipment
Ross of Largo Capital secures $57 million financing of condo building
February 25, 2025
Vancouver, BC Kevin Ross, managing director at Largo Capital Limited, secured a permanent first mortgage to finance the acquisition of the retail/commercial podium of a luxury condo building. The property features a net leasable
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